AXT, Inc. (AXTI)
NASDAQ: AXTI · IEX Real-Time Price · USD
2.910
-0.130 (-4.28%)
At close: Apr 17, 2024, 4:00 PM
2.920
+0.010 (0.34%)
After-hours: Apr 17, 2024, 7:30 PM EDT
AXT, Inc. Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for AXT, Inc. stock have an average target of 5.38, with a low estimate of 5.00 and a high estimate of 6.00. The average target predicts an increase of 84.88% from the current stock price of 2.91.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AXT, Inc. stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $3.75 → $5 | Strong Buy | Maintains | $3.75 → $5 | +71.82% | Apr 9, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +71.82% | Apr 9, 2024 |
| Wedbush | Wedbush | Buy Maintains $6 | Buy | Maintains | $6 | +106.19% | Apr 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $3.8 → $5.5 | Strong Buy | Maintains | $3.8 → $5.5 | +89.00% | Apr 5, 2024 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $2.25 → $3.75 | Hold → Strong Buy | Upgrades | $2.25 → $3.75 | +28.87% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
94.72M
from 75.80M
Increased by 24.97%
Revenue Next Year
133.23M
from 94.72M
Increased by 40.65%
EPS This Year
-0.22
from -0.42
EPS Next Year
0.17
from -0.22
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 109.7M | 148.9M |
| Avg | 94.7M | 133.2M |
| Low | 86.5M | 117.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 44.8% | 57.2% |
| Avg | 25.0% | 40.7% |
| Low | 14.2% | 24.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.11 | 0.40 |
| Avg | -0.22 | 0.17 |
| Low | -0.32 | -0.04 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.